The market direction of Bitcoin has not followed any traditional fundamentals

If Bitcoin's future is under contention, the next best crypto to pick up is Ethereum. While it is also a high-cap crypto going through the volatile motions of the market

The market direction of Bitcoin has not followed any traditional fundamentals like it did in the past. People had hoped that Donald Trump’s speech at Blockworks would do some magic, but nothing happened, and other major market movements, including Michael Saylor’s recent move to buy more Bitcoin has not made Bitcoin move favorably.

It has caused a clash between cryptocurrency analysts. On one side, there are investors like PlanB, stating that the market has not entered the bearish phase, and on the other, Ki Young Ju, the CEO of CryptoQuant has said that his view for Bitcoin for the near term is not optimistic at all. This has once again ignited the conversation about which is the best crypto to buy now.

Best Crypto to Buy Now

Ethereum

If Bitcoin’s future is under contention, the next best crypto to pick up is Ethereum. While it is also a high-cap crypto going through the volatile motions of the market, it has shown some signs of growth recently, trading around the $2k level. As ETH is inching towards that mark again, the people are deeply interested in what could lie in its future.

The Pectra update is underway, and with SEC’s Hester Pierce championing NFT fundraising exceptions for crypto startups, we may see a lot more growth for ETH in the future. This could be because of the new NFTs that emerge and the culture to make a reentry into the market that has forgotten the grit and wild nature of the NFT space of 2021.

Another reason to be optimistic about Ethereum is the US treasury removing sanctions on Ethereum Mixer Tornado Cash. It means more progressive regulations may be coming in regards to crypto.

These factors could supplement the ETH price to grow to unprecedented levels. A $5K or even $10k valuation by the end of 2025 does not seem too far-fetched now.

BTC Bull

While experts are not of one mind regarding Bitcoin’s future, for BTC Bull, being bullish about Bitcoin is the core ethic. The meme coin project has been created to offer gains to investors as Bitcoin grows and it has created its mechanics to focus exclusively on it.

The meme coin project, according to the official website, has created two systems that will be triggered when Bitcoin surges by $25K level after $100K.

These two systems – Bitcoin airdrops and token burns – will trigger alternatively every time the BTC price surges. With Bitcoin airdrops, BTCBULL holders will gain a way to get Bitcoin airdropped nearly for free and through token burns, BTC Bull will try to leverage the supply-demand dynamic.

The coupling of these two use cases is one of the reasons why many consider BTC Bull the best crypto to buy now. And despite a utility that is based on speculation and could only bring near-term gains, the community-centricity provided by BTC Bull is strong enough to generate more buzz across the cryptocurrency ecosystem.

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Solana

While Solana has made a lot of noise within crypto circles, it has not been for the right reasons. For one, Solana co-founder has rejected the idea of a unified Solana crypto reserve that goes against the principles of decentralization, and the other negative connotations associated with Solana come from the performance of the Official Trump meme coin and the Libra meme coin dump.

However, despite appearances, the community has a lot of goodwill for the Solana blockchain, and they are willing to stand beside it. CoinMarketCap shows that the market is still bullish and recent market conditions led to the SOL price to accumulate towards an uptrend. Institutional interest due to recent Solana futures ETF filings have also generated positive vibes around it.

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